The “Lenders Executive Panel” discussion during the 2017 National Settlement Services Summit in San Antonio featured expert insight about regulations, examinations, cybersecurity and third-party management, among other topics facing the housing marketplace. The panel of highly respected executives also tackled what companies can do to ensure they are prepared for what the future holds. Read on to learn what pressing questions were answered during this session.

BuckleySandler Partner Ben Olson and Associate Brandy Hood noted, while speaking with Dodd Frank Update, that much of the changes included in the Consumer Financial Protection Bureau’s TRID amendments will be positive for the industry in the long run, although other news about the amendments may have left them feeling as they would after a poorly timed Hollywood cliffhanger. Read on to learn more.

The Consumer Financial Protection Bureau’s final rule amending its TILA-RESPA Integrated Disclosure mortgage requirements has garnered a lukewarm reception from the industry. Read on to find out what the industry is saying.

The Consumer Financial Protection Bureau recently announced a new rule prohibiting companies from using mandatory arbitration clauses that prevent consumers from filing or joining class action lawsuits. Read on to learn more details about what the rule means for the financial industry.

The days of arbitration being the go-to, cost-effective method for financial companies to resolve lawsuits with consumers could come to an end if a new rule released by the Consumer Financial Protection Bureau is implemented. Ballard Spahr Practice Leader Alan Kaplinsky and BuckleySandler Partner Ben Olson spoke with Dodd Frank Update about the implications of the rule, which prohibits companies from using arbitration agreements that disallow their customers from joining class action lawsuits. Read on to find out what they had to say.

The new arbitration rule the Consumer Financial Protection Bureau recently announced is being met by disappointment and concern among many in the financial industry. One member of Congress decided to begin campaigning for the rule’s repeal before it even was published in the Federal Register. Read on to find out what the industry is saying about the new rule.

At a time when most legislation mentioning the Consumer Financial Protection Bureau does so proposing ways to weaken its powers, a recently proposed bill would add to the bureau’s authority in the name of protecting servicemembers from abusive financial practices. Read on to find out more details about the proposed bill.

The Office of the Comptroller of the Currency (OCC) spoke with Dodd Frank Update about steps it is taking steps to ensure that relatively young companies entering the financial industry as service providers are aware of their responsibilities as third-party vendors.

Additionally about that, the agency shared risk management advice for financial institutions that contract with new fintechs and other vendors.

Read on to learn more from Deputy Comptroller for Operational Risk Beth Dugan.

President Donald Trump recently issued an executive order intended to strengthen the federal government’s framework for managing cybersecurity, which has drawn support from the National Association of Federally-Insured Credit Unions (NAFCU). Read on to learn more about the order and why NAFCU supports it.

Financial trade representatives testified before the Senate Banking Committee during a recent hearing, titled “Housing Finance Reform: Maintaining Access for Small Lenders,” advocating for congressional action to protect community banks’ ability to compete with larger mortgage lenders. Read on to see which organizations addressed the committee and what points they had to make.

The movement to repeal the Consumer Financial Protection Bureau’s new arbitration rule is underway in both the House and the Senate, with support from multiple financial trade associations. Read on to find out what the trades have to say about the repeal proposals.

The Consumer Financial Protection Bureau recently published its spring rulemaking agenda, outlining its plans for building on its recent work shaping regulatory policy. The agenda is one of two the bureau is statutorily required to publish annually. Read on to find out what to expect from the bureau in the relatively near future.

The National Credit Union Administration has announced that it will undergo its first restructure since 2003 in an attempt to increase the agency’s efficiency, responsiveness and cost-effectiveness in the long-run. Read on to learn more details and what the credit union industry is saying.

The National Credit Union Administration Board unanimously approved a proposal to close the Temporary Corporate Credit Union Stabilization Fund in 2017 during the board’s sixth open meeting of the year. The board also proposed a new rule to accompany the fund closure, and approved a plan to raise the normal operating level for the National Credit Union Share Insurance Fund. Read on to find out what credit union trade groups are saying about the agency’s plans.

SoFi Bank recently applied to be chartered as an industrial loan corporation through the Federal Deposit Insurance Corp. The Independent Community Bankers of America wrote to the FDIC requesting that the regulator deny the application, citing safety and soundness concerns. Read on to learn more about the association’s opposition to the plan.

President Donald Trump has nominated a new commissioner to join the Securities and Exchange Commission. Trump’s nominee previously was nominated by President Barrack Obama but never confirmed. Read on for more details.

Securities and Exchange Commission Chairman Jay Clayton testified before the Financial Services and General Government Appropriations Subcommittee to outline the agency’s budget request for fiscal year 2018. Read on to learn about the details.

Commodity Futures Trading Commission Acting Commissioner J. Christopher Giancarlo highlighted his agency’s plans for streamlining its processes and accounting for advancements in fintech while testifying before the Financial Services and General Government Appropriations Subcommittee. Read on to learn more.

The Office of the Comptroller of the Currency recently released a report indicating an increase in the percentage of first-lien mortgages in the last year, accompanied by a recent increase in foreclosures. Read on to find out more about the report’s findings.

The Consumer Bankers Association and the Independent Community Bankers of America expressed support for specific legislative proposals for regulatory relief discussed during a recent hearing of the House Financial Services Committee. Read on to find out what financial trade associations had to say about the proposals.

The Consumer Financial Protection Bureau has appointed new consumer experts from outside the federal government to serve on its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council and Academic Research Council. Read on to find out what the new appointees have to offer in terms of experience in the consumer financial sector.

Ruling that the credit reporting company violated multiple provisions of the Fair Credit Reporting Act, a federal court ordered TransUnion to pay $60 million in statutory and punitive damages. Read on to learn more details about the case.

Black Knight Financial Services, Inc., a provider of integrated technology, data and analytics to the mortgage and real estate industries, announced that it has completed the conversion of more than 1 million home equity and private banking loans onto the company’s advanced LoanSphere MSP servicing system for JPMorgan Chase, a global financial services firm.

The Consumer Financial Protection Bureau has proposed to raise the home equity line of credit origination threshold in its expanded Home Mortgage Disclosure Act rule to alleviate reporting burdens on smaller financial institutions. The increase will apply on a temporary basis, pending further analysis by the bureau. Read on to learn more details and what the industry is saying about the proposed new threshold.

President Donald Trump has nominated a replacement for Daniel Tarullo on the Federal Reserve Board of Governors. Trump also nominated a new commissioner of the Commodity Futures Trading Commission. Read on to learn more about the nomination.

President Donald Trump’s nominee to serve as chairman of the Federal Deposit Insurance Corp. recently withdrew from consideration. Trump’s pick would have replaced Martin Gruenberg, whose term is up in November. Read on to learn more.

Presenting true stories from the people affected, the Commodity Futures Trading Commission announced the release of “True Fraud Stories.” The video series is presented in hopes of instructing industry members about financial fraud and finding ways to avoid similar scams. Read on for more.

National Credit Union Administration Chairman J. Mark McWatters wrote Consumer Financial Protection Bureau Director Richard Cordray requesting a conditional exemption from the bureau’s examination and enforcement authority for credit unions with assets of more than $10 billion. Read on to learn more about his reasoning.

The Consumer Financial Protection Bureau filed two complaints and proposed final judgments against four California-based companies and three individuals for allegedly misleading customers and charging illegal fees. Read on to learn more details.

The Consumer Financial Protection Bureau has released a final rule updating its TILA-RESPA Integrated Disclosure (TRID) requirements, also known as “Know Before You Owe,” in Regulation Z. The rule includes amendments to formalize guidance in the rule and provide greater clarity and certainty. Read on to learn more.

During his keynote address at October Research LLC’s 2017 National Settlement Services Summit, former Federal Housing Finance Administration Director James Lockhart, who is currently vice chairman at WL Ross & Co., offered his thoughts on reforming the secondary mortgage market and how that market is being impacted by compliance concerns and general political and economic uncertainty. Read on to learn more.

The House Committee on Appropriations recently released its appropriations bill for Fiscal Year 2018, dubbed “Financial Services and General Government Appropriations Act, 2018.” The proposed legislation includes a plethora of provisions reflecting language included in H.R. 10, the Financial Choice Act, which passed the House on June 8, 2017. Read on to learn more details.

Having served as acting chairman of the National Credit Union Administration board since Jan. 23, 2017, J. Mark McWatters recently had the word “acting” dropped from his title. President Donald Trump named him the agency’s 10th board chairman since it was founded in March 1970, effective June 23. Read on to learn more.

The Independent Community Bankers of America (ICBA) recently appointed executives to serve as executive vice president and chief digital strategy officer and to the newly created role of executive vice president of innovation and financial technology for the ICBA Services Network. Read on to learn more about these appointments.

The Credit Union National Association, National Association of Federally-Insured Credit Unions and CUNA Mutual Group recently filed a joint amicus brief in support of the National Credit Union Administration’s field of membership rule in the D.C. District Court. Read on to learn more.

The American Bankers Association’s latest Consumer Credit Delinquency Bulletin indicates an increase in both open- and closed-end loan delinquencies during the first quarter of 2017. TransUnion also recently issued a report with added insight into delinquency trends. Read on to find out details about the reports’ findings.

Castle & Cooke Mortgage, LLC, an independent mortgage lender with locations across the U.S., has hired Candice Pitcher as director of compliance at the company’s corporate headquarters in Draper, Utah, where she will oversee enterprise compliance management and legal affairs.

Using statistics gathered since the bureau’s formation, the Consumer Financial Protection Bureau released a special edition of its monthly complaint snapshot detailing the most-complained-about financial products and services nationwide, by state and among specific demographics. Read on to learn more details from the report.

Bipartisan legislation introduced recently by members of the House and Senate is aimed at strengthening the Financial Stability Oversight Council by allowing its independent member with insurance expertise to continue to serve past his/her term if a replacement has not yet been confirmed. The current member serving in that role will complete his six-year term on Sept. 30, 2017. Read on to learn more about the bill.

The Financial Services Roundtable recently hired a vice president of cybersecurity risk management to oversee operations of its division of cybersecurity, fraud and technology policy division, BITS. Read on to find out who the association has hired and what experience they bring to the roundtable.

The Consumer Financial Protection Bureau recently published a new report and related guidance with supervisory examination procedures for student loan servicers. The report highlights borrower complaints about issues when trying to access the Department of Education’s Public Service Loan Forgiveness program. Read on to learn more.

Survey results released during the American Bankers Association’s inaugural “Payments Forum” in Washington, D.C. revealed that only a small percentage of all banks have a formalized payments strategy in place and that many have no plans of implementing one. Read on to learn more about the survey’s findings.

KeyStoneB2B, afintech company that services the financial industry, has released new optimization tools intended to help mortgage lenders manage transactions with financial services providers and borrowers.

Veri-Tax LLC, a national verification specialist serving the mortgage, consumer credit, alternative lending, education and other industries, recently became an Authorized Report Supplier of eligible verification reports for the Desktop Underwriter validation service from Fannie Mae.

The Federal Reserve’s 2017 supervisory stress test results indicate that the country’s largest bank holding companies have strong capital levels that would enable them to retain their lending capabilities in the event of a severe recession. Read on to learn more details about the methodology and results released by the Fed.

Bipartisan legislation recently introduced in the House seeks to ease long-held concerns banks have had about what constitutes a high-volatility commercial real estate loan in construction lending. Read on to find out what the bill proposes to mitigate confusion within the banking industry.

The Federal Deposit Insurance Corporation (FDIC) recently appointed a new FDIC Ombudsman and director of the Office of the Ombudsman, effective July 2, 2017. Read on to learn more about the appointment.

The Federal Reserve Board, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. have issued information on the host state loan-to-deposit ratios, which are used to determine compliance under Section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. Review the ratios in Dodd Frank Update’s Library.